summary
Introduced
12/12/2022
12/12/2022
In Committee
01/03/2023
01/03/2023
Crossed Over
12/29/2022
12/29/2022
Passed
01/03/2023
01/03/2023
Dead
Signed/Enacted/Adopted
01/05/2023
01/05/2023
Introduced Session
192nd General Court
Bill Summary
Further amending Chapter 86 of the Acts of 1994
AI Summary
This bill amends Chapter 86 of the Acts of 1994 to release a restriction on a certain parcel of land (referred to as Parcel C-1) in the city of Northampton. The bill allows Parcel C-1 to be conveyed to an affordable housing developer for affordable housing purposes, subject to a permanent affordable housing restriction, for $1. If the parcel is not conveyed to an affordable housing developer, half of the proceeds from the sale must be deposited in the General Fund. The bill also requires an independent appraisal of the fair market value and value in use of Parcel C-1 and review by the Inspector General if the city does not convey the parcel to an affordable housing developer.
Committee Categories
Budget and Finance
Sponsors (2)
Other Sponsors (2)
House Committee on Ways and Means (H), Joint Committee on State Administration and Regulatory Oversight (J)
Last Action
Signed by the Governor, Chapter 416 of the Acts of 2022 (on 01/05/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H5423 |
| Bill | https://malegislature.gov/Bills/192/H5423.pdf |
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